{ "ticker": { "uuid": "4ff8f800-4224-4289-8d8d-c619807c5f26", "symbol": "HYBI", "name": "NEOS ENHANCED INCOME CREDIT SELECT ETF", "exchange": "NASDAQ", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 61.484, "architecture_energy": 29.857, "architecture_maturity": 36.232, "architecture_confidence": 72.722, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 34.9, "rotation_up": 51.0, "upward_expansion": 77.81, "deceleration": 55.04, "rotation_down": 23.57, "downward_expansion": 4.47 }, "activity_lines": [ 49.027322, 48.995545, 48.977846, 48.905827 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 49.2118, "trend_reference": 48.825318, "distance_from_trend": 0.007916, "trend_direction": "Improving", "fair_value": 47.058769, "distance_from_fair_value": 0.045752, "fair_value_direction": "Weakening", "relative_strength": -11.18051, "relative_strength_direction": "Improving", "price_momentum": 0.008922, "excess_performance": -0.178532, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.007916, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.006169, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.045752, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.004826, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.111805, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.032754, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.008922, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.009193, "read": "Demand-led" } ], "volume": { "latest": 204826, "relative_activity": 1.452798, "balance": 1.009193, "dry_up": 1.072783, "accumulation_observations": 2, "distribution_observations": 4 }, "risk": { "range_context": 0.006289, "annualized_volatility": 0.028581, "from_high_reference": -0.000573, "from_low_reference": 0.050995 }, "levels": { "trend_reference": 48.825318, "fair_value_reference": 47.058769, "structural_low": 48.227572, 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48.916176, 48.847542 ] }, { "date": "2026-07-17", "close": 49.045, "volume": 157650, "typical_volume": 134677.55, "trend": 48.769526, "fair_value": 46.997274, "relative_strength": -8.837474, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.039817, "energy": 28.702989, "activity_lines": [ 49.015479, 48.981481, 48.938267, 48.867204 ] }, { "date": "2026-07-24", "close": 48.77, "volume": 110595, "typical_volume": 136268.6, "trend": 48.784332, "fair_value": 47.015934, "relative_strength": -7.612923, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 26.847278, "energy": 15.941254, "activity_lines": [ 48.942938, 48.947097, 48.933068, 48.867234 ] }, { "date": "2026-07-31", "close": 48.975, "volume": 131924, "typical_volume": 135933.25, "trend": 48.804286, "fair_value": 47.036341, "relative_strength": -7.425629, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.561996, "energy": 17.691703, "activity_lines": [ 48.949169, 48.949806, 48.94589, 48.879536 ] }, { "date": "2026-08-07", "close": 49.2118, "volume": 204826, "typical_volume": 140987.3, "trend": 48.825318, "fair_value": 47.058769, "relative_strength": -11.18051, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.484018, "energy": 29.856896, "activity_lines": [ 49.027322, 48.995545, 48.977846, 48.905827 ] } ], "method": { "price_basis": "completed market observations", "trend": "Trend provides the primary directional reference.", "fair_value": "Fair Value provides long-term price context and is not a forecast or target.", "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.", "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read." } } }